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20121219
20121219
Search Results 0 to 6 of about 7 (some duplicates have been removed)
keeps coming to mind as i try to follow the melodrama in washington that has us heading for a cliff. a fiscal cliff. but are we? or is this, another myth in the making? for some insight, we turn to two seasoned observers both of whose books you'll want to as santa to leave in your stocking. bruce bartlett was an economic adviser to the supply-side icon jack kemp, and to two presidents -- ronald reagan and the first george bush. he got into hot water with his conservative cohorts when he wrote a widely quoted book critical of the second president bush. his most recent work is "the benefit and the burden: tax reform-why we need it and what it will take." yves smith is the founder and editor of the popular blog naked capitalism. after 25 years in the financial services industry, she now heads the management consulting firm aurora advisors. she's the author of this book: "econned: how unenlightened self interest undermined democracy and corrupted capitalism." welcome to you both. >> thank you. >> thank you. >> is the fiscal cliff just a metaphor? or is it for real? >> well, the cliff is
, as tragic as it is, brings us a little closer together both in the nation and in washington, that would be a good thing. >> all right. top of the hour. good morning. 6:00 on the east coast, it's wednesday, december 19th. christmas is almost here. >> very respectful dialogue. the nra had a respectful statement. i think a lot of people showing respect on this. >> feel something may be be happening. >> feel some grown-ups, maybe. there are, of course, exceptions. >> there are a few. we have mike barnicle with us. you're not an exception. beautiful piece in "the daily news" today. we'll read that in must read. thank you very much. former treasury officials. mark ratner is with us as well. he has a must read. i'm serious. >> beautiful. >> also in washington, washington anchor for "bbc world news america" katty kay. >> no pieces, sorry. >> you'll write one next time. thank you. so we've got a lot to get to this morning. >> a lot to talk about today. >> those exceptions, what are you talking about? >> just in the conversation about everything you thought there were two exceptions. >> rick perr
choice of 5 charities. i'm bret baier in washington. the big story here today is washington really at a boiling point over the fiscal cliff? tonight on "special report," seemingly everyone had something to say about the ongoing negotiation after last week's shooting. they are ready for compromise. the house speaker says they need to see more movement on spending cuts and they will pass a plan "b" tomorrow. we'll sift through all of it for you, 13 days before the deadline. the long-awaited report on the benghazi libya attack has been released and it blames the state department for the security failures. there is reaction from washington. not from administration officials on camera. in the wake of the new town shooting, president obama promises bold move and swift action on gun violence and he's grilled on why it took so long. part three on the series on the cost of spending looks at what a cut means here in washington. "special report" starts at 6:00 eastern. now back to new york and "the five." ♪ ♪ >> greg: they know i hate these songs. they are hoping i leave. some parents in
to reach a tax-and-spending deal in washington. the president just spoke at length about negotiations and we'll get to that in a moment. but earlier we heard a stern warning for uncle sam, meaning all of us, from one of the world's leading credit rating agencies. fix the fiscal crisis or risk a downgrade. fitch warning again that it may strip the united states of its aaa credit rating if washington is unable to strike a deal to avert these big tax hikes and spending cuts that we're going to see at the end of this year and also to allow borrowing to rise. now this is not the first time we've heard of these warnings or have seen america's credit take a hit. in 2011, standard & poor's cut its u.s. rating to double a from aaa blaming political brinkmanship for preventing on a agreement on raising the debt ceiling. we heard the president talk about the standoff in debt negotiations, a deal our stuart varney said is raising red flags. here is what he had to say earlier on his show. >> right after the election the boss of big labor, richard trumka led a delegation of leftists into the white
. the clerk: the speaker's room, washington, d.c., december 19, 2012. i hereby appoint the honorable daniel webster to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the chair will receive a message. the messenger: mr. speaker, a message from the senate. the secretary: mr. speaker. the speaker pro tempore: madam secretary. the secretary: i have been directed by the senate to inform the house that the senate has agreed to s. res. 624, relative to the death of the honorable daniel k. inouye, senator from the state of ohio. -- hawaii. the speaker pro tempore: pursuant to the order of the house of january 17, 2012, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip each, to five minutes but in no event shall debate continue beyond 11:50 a.m. the chair recognizes the gent
. a giant 75-foot wide mudslide slammed into a moving freight train in everett, washington, knocking them right off the track. engineers had been scheduled to check the hillside, but they were waiting for the train to go by first. amazingly, no one was hurt. >>> the latest storm to hit the southern california mountains is making it hard for drivers to get around, even with mandatory chains on their tires. but the resorts welcome the snow, as always. business has been booming with the influx of early skiers and snowboarders. that's one of the few ways snow is great. if you're in the mountains doing your thing, yeah, snow is wonderful. or if you're a kid off from school building a snowman, snow is a beautiful thing. other than that, not so much. >>> coming up next, addressing a pr nightmare. instagram's solution to an instant revolt. >>> the all-out search for a hollywood feature film. its disappearance sounds like part of a movie plot. you're watching "world news now." ♪ it's so important to make someone happy ♪ when you give a child a toy, it has to work. ♪ make just one someone hap
Search Results 0 to 6 of about 7 (some duplicates have been removed)